Re: Sitara positions, end of month feedback from Unify

Robert Superty@ECT
11/16/2000 09:02 AM
To: Randall L Gay/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT, Victor
Lamadrid/HOU/ECT@ECT, Tricia Spence/HOU/ECT@ECT, George Smith/HOU/ECT@ECT,
Beverly Beaty/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Patti
Sullivan/HOU/ECT@ECT, Donna Greif/HOU/ECT@ECT, Richard Pinion/HOU/ECT@ECT
cc: Dave Nommensen/HOU/ECT@ECT, Matt Pena/NA/Enron@Enron, Bob M
Hall/NA/Enron@Enron

Subject: Re: Sitara positions, end of month feedback from Unify

Please take note of Dave's very important message regarding Sitara
positions. We absolutely cannot afford to go through this again and need to
do everything possible to help limit the exposure. With prices where they
are and winter weather upon us we will most likely have a very challenging
bid week.

That being said I want each of you to make sure we adhere to the "daily
clean" process. You should pull all the necessary reports each day and keep
after the schedulers to make sure they are up to date. If you wish, Donna and
Richard can make these available each day and distribute to the group. We
don't have much time so this needs to happen immediately.

Donna, please provide me with a daily summary of all the desks for the
remainder of the month.

Let me know if you have any questions or concerns, thanks - Bob

From: Dave Nommensen 11/16/2000 08:31 AM

To: Robert Superty/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, George
Smith/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT,
Tricia Spence/HOU/ECT@ECT, Beverly Beaty/HOU/ECT@ECT, Pat
Clynes/Corp/Enron@ENRON, Patti Sullivan/HOU/ECT@ECT, Carlos J
Rodriguez/HOU/ECT@ECT, Kevin Heal/CAL/ECT@ECT, Anita K Patton/HOU/ECT@ECT
cc: Matt Pena/NA/Enron@Enron, Donna Greif/HOU/ECT@ECT, Richard
Pinion/HOU/ECT@ECT, Kathryn Bussell/HOU/ECT@ECT, Jeff
Johnson/Corp/Enron@Enron, Bob M Hall/NA/Enron@Enron, Jayant
Krishnaswamy/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Tommy J
Yanowski/HOU/ECT@ECT, Richard Burchfield/HOU/ECT@ECT
Subject: Sitara positions, end of month feedback from Unify

Bob, et al,

As I am sure you recall, we had a problem with Sitara positions earlier in
the month and had to cease trading early and revert to CPR for positions.
Although I have not gotten very far in my transition off of Unify and onto
Sitara and TDS, we do see some potential for this happening again towards the
end of this month and the beginning of next month.

The problem with managing positions is a combination of sheer deal counts,
along with updates to those deals. A large portion of these updates come to
Sitara via the Unify Bridge Back process. It would be ideal if we could
continue to have the Unify data "cleaned/scrubbed" week to week and try to
avoid having the bulk of the month being updated/bridged in the final
week/days of the month. I know this is the goal of Logistics, but I just
want to help reinforce that goal due to the performance impact it can have on
the Gas Trading systems. Perhaps a few extra pair of eyes on the Pipeline
Exception Summary and the Bridge Back Pipeline Summary in Unify this month
would help.

Another area that causes these transaction counts to increase is the need to
have 2 months "active" at a time. In other words, when November is over and
we are in the first week or two of December, Sitara continues to maintain
positions for November. This November data degrades the ability to update
December positions in a timely manner. We may find ourselves having to
remove the November deals from the Sitara positions sooner than we have in
the past.

I will be trying to work with the Sitara team in the coming days/weeks to
implement some combination of quick fixes, as well as look into the long term
changes necessary to support our increased trading business.

Please let me know if you have any questions or comments in this area.

Thanks, d.n.